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Copper in route for weekly gain

Monday, June 29, 2009

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Copper was on track for a weekly gain as of Thursday, after new data alluded to an improvement in the global economy. Last week, the red metal lost value on the back of a strengthening greenback. Copper, often referred to as the barometer of economic health due to its prolific use in construction, is extremely sensitive to economic movement.

Stonger greenback puts the brakes on copper’s rally

Monday, June 15, 2009

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Copper fell for a second day as a stronger dollar made the commodity more expensive for those holding in other currencies; further downward impetus came as stockpiling inventories in China rekindled the fear that demand from the nation will wane.

Job data keeps copper in positive territory

Monday, June 8, 2009

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Copper futures rose Friday after government data showed the U.S. lost much fewer jobs last month than expected, fueling hopes for an economic recovery. Copper steadied on Thursday, gaining support from rising equities and a weaker dollar, after the metal plunged just before close on Wednesday.

Copper’s rollercoaster ride

Wednesday, May 27, 2009

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A battery of economic data pulled copper in every direction this week; U.S. copper futures retreated from a near three week high Wednesday morning, as a mixed report from the housing sector boosted the greenback.

India Copper Futures have edged Lower as Dismal U.S Data Weighs

Fri, Jul 3, 2009

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India copper futures have edged lower on Friday on renewed concerns of a speedy economic recovery after weaker-than-expected U.S. jobs data. For full story, click here

Imperial Metals extended Huckleberry Copper Mine Life to 2011

Fri, Jul 3, 2009

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Copper producer, Imperial Metals Corporation declared that the Huckleberry Mine would be extended into the Saddle Zone resource which will provide mill feed for the milling operations to the end of 2011. For full story, click here

BHP Billiton slipped 2.5%

Fri, Jul 3, 2009

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BHP Billiton Ltd, the world’s leading mining company, slipped 2.5 percent to A$33.43. Equinox Minerals Ltd., owner of the Lumwana copper mine in Zambia, dipped 2.5 percent to A$2.69. For full story, click here

India’s Copper Futures may open Lower

Fri, Jul 3, 2009

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India’s copper futures may edge lower in opening deals on Friday as weaker-than-expected U.S. jobs data surged concerns about the economic and demand outlook. For full story, click here

Chinese Buy Into Nevada Copper

Mon, Jun 29, 2009

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Nevada Copper (TSE:NCU) announced Friday that Zhongtiaoshan Non-ferrous Metals Group (ZTS) has agreed to a $2 million debenture subject to the approval of the Toronto Stock Exchange. ZTS is a Chinese state-owned enterprise that has mined, refined and processed copper since 1956.

Hana Mining declared $500,000 Non-Brokered Private Placement

Sat, Jun 27, 2009

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Hana Mining Ltd. declared that it has accepted a non-brokered private placement for proceeds of $500,000. For full story, click here

VMS Ventures declared 2009 Copper Exploration Plans

Sat, Jun 27, 2009

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VMS Ventures Inc. has announced the details of the upcoming field program on the Copper project. For full story, click here

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